Zimbabwe to clear World Bank, AfDB arrears in 12 months; says FinMin
Zimbabwe seeks to clear its $2 billion arrears with the World Bank and African Development Bank (AfDB) in the next…
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World Bank
Egypt agrees $3 bln financing deal with World Bank
Egypt has agreed a new $3 billion financing deal with the World Bank, its investment ministry said in a statement…
World Bank earmarks $1 billion for Egypt’s Sinai development scheme
The World Bank on Monday earmarked $1 billion in support for Egypt’s Sinai development comprehensive programme.
Cairo calls on WB, IFC to increase support for renewable energy
In a closed-door ministerial meeting held on the sideline of annual meetings of the World Bank and the…
Debt, trade problems are painting ‘a troubling picture’, World Bank head warns
Amid U.S.-China trade tensions and high levels of debt faced by low income countries, the president of the World…
IMF, World Bank heads urge Washington, Beijing to play by trade rules
The heads of the World Bank and the International Monetary Fund urged on Thursday the United States and China to…
World Bank cuts South Africa growth forecast, currency wanes
South Africa’s rand retreated early on Thursday after the World Bank cut its economic growth forecast and took a…
World bank funds Egypt’s rural sanitation services with $300 mln loan
World Bank has approved a $300 million loan to complete Egypt’s Rural Sanitation Services Programme, expanding the…
Union Fenosa says ‘in conversations’ to restart Egypt gas plant
Italian-Spanish firm, Union Fenosa Gas (UFG) said on Wednesday it is “in conversations” to restart a liquefied…
Egypt, WB discuss extending $1bn for supporting Sinai development
Egyptian Minister of Investment Sahar Nasr held talks on Sunday with a World Bank mission in charge of following up…